Zimbabwe Clears IMF Arrears with $108Million DishOut
Zimbabwe has cleared its arrears with the International Monetary Fund (IMF), after paying $108 million on Thursday, the Fund has announced.
Zimbabwe
Zimbabwe to print its own 'bond notes' end-October
Zimbabwe announced Thursday it will introduce next month "bond notes" equivalent to the US dollar, sparking fears of a return to the hyperinflation that wrecked the economy several years ago.
Zimbabwe to print local 'US dollar'
Zimbabweans formed long queues outside banks on Thursday as a cash shortage prompted the government to announce plans to print a local version of the US dollar and limit withdrawals.
Zimbabwe: 87 companies liquidated in 2014, 60 placed under judicial management
A TOTAL of 87 companies were liquidated in 2014 compared to 44 in the year ago period while companies under judicial management rose to 60 from 44, data obtained from the Master of High Court shows.
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